Examlex
Which of the following statements is correct?
Location Decisions
The process of choosing a site for a business operation based on factors such as cost, accessibility, and market proximity.
Incentives
Motivational tools or rewards designed to encourage specific behavior or actions from individuals or groups.
Centre-Of-Gravity Method
A mathematical technique used for finding the best location for a single distribution point that services several stores or areas.
Centralized Facility
describes a single location where operations or decision-making processes are concentrated, often to leverage efficiency or control.
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